NetEase (NTES) stock price, revenue, and financials

NetEase market cap is $72.7 b, and annual revenue was ¥59.24 b in FY 2019

$72.7 B

NTES Mkt cap, 15-Jan-2021

¥18.7 B

NetEase Revenue Q3, 2020
NetEase Gross profit (Q3, 2020)9.9 B
NetEase Gross profit margin (Q3, 2020), %53%
NetEase Net income (Q3, 2020)2.8 B
NetEase EBIT (Q3, 2020)2.9 B
NetEase Cash, 30-Sept-20206.5 B
NetEase EV88.5 B

NetEase Revenue

NetEase revenue was ¥59.24 b in FY, 2019 which is a 11.8% year over year decrease from the previous period.

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NetEase Revenue Breakdown

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NetEase revenue breakdown by business segment: 19.4% from Innovative Businesses and Others, 78.4% from Online Games Services and 2.2% from Other

NetEase Income Statement

Annual

CNYFY, 2017FY, 2018FY, 2019

Revenue

54.1b67.2b59.2b

Revenue growth, %

24%(12%)

Cost of goods sold

28.2b38.8b27.7b

Gross profit

25.9b28.4b31.6b

Gross profit Margin, %

48%42%53%

Sales and marketing expense

7.0b9.5b6.2b

R&D expense

4.4b7.8b8.4b

General and administrative expense

2.4b3.2b3.1b

Operating expense total

13.8b20.5b17.8b

EBIT

12.2b7.9b13.8b

EBIT margin, %

22%12%23%

Interest income

667.3m587.5m821.8m

Investment income

362.1m1.3b

Pre tax profit

13.0b8.9b16.4b

Income tax expense

2.2b2.5b2.9b

Net Income

10.8b6.5b21.4b

EPS

3.21.96.5

NetEase Balance Sheet

Annual

CNYFY, 2017FY, 2018FY, 2019

Cash

2.8b5.4b3.2b

Accounts Receivable

3.6b4.3b4.2b

Prepaid Expenses

3.8b4.6b4.8b

Inventories

5.5b5.0b650.6m

Current Assets

61.9b68.7b85.1b

PP&E

3.8b5.4b4.6b

Total Assets

71.0b87.0b112.2b

Accounts Payable

2.4b2.4b1.2b

Short-term debt

6.6b13.7b17.0b

Current Liabilities

23.8b35.1b38.2b

Long-term debt

279.9m

Non-Current Liabilities

231.5m447.3m839.9m

Total Debt

6.6b13.7b17.3b

Total Liabilities

24.0b35.6b39.1b

Common Stock

2.7m2.6m2.6m

Additional Paid-in Capital

1.8b3.9b

Retained Earnings

42.7b44.0b56.4b

Total Equity

46.4b46.0b62.6b

Debt to Equity Ratio

0.1 x0.3 x0.3 x

Debt to Assets Ratio

0.1 x0.2 x0.2 x

Financial Leverage

1.5 x1.9 x1.8 x

NetEase Cash Flow

Annual

CNYFY, 2017FY, 2018FY, 2019

Net Income

10.8b6.5b21.4b

Depreciation and Amortization

801.8m2.1b2.6b

Accounts Receivable

565.2m(710.9m)(11.3m)

Inventories

(3.9b)457.1m415.1m

Accounts Payable

1.1b(85.2m)13.2m

Cash From Operating Activities

11.9b13.4b16.9b

Purchases of PP&E

(1.8b)(2.5b)(1.2b)

Cash From Investing Activities

(13.2b)(13.6b)(22.1b)

Short-term Borrowings

(58.2b)6.2b2.2b

Dividends Paid

(3.3b)(1.4b)(8.8b)

Cash From Financing Activities

(1.3b)1.6b1.1b

Net Change in Cash

(2.7b)1.5b(3.8b)

Interest Paid

301.8m431.4m

Income Taxes Paid

2.7b2.0b3.2b

NetEase Ratios

CNYFY, 2017

EV/EBIT

4 x

EV/CFO

4.1 x

Revenue/Employee

3.0m

Debt/Equity

0.1 x

Debt/Assets

0.1 x

Financial Leverage

1.5 x

P/E Ratio

106.7

NetEase Operating Metrics

FY, 2015FY, 2016Q1, 2017Q3, 2017FY, 2017Q1, 2018FY, 2018FY, 2019

Active Users, ABA Game

10 m

Advertising Professionals

414 486 522 659

Brands (E-commerce)

2.70 k4.30 k

Call Center Personnel

1.80 k1.80 k1.70 k1.70 k

Co-located Servers

39 k50 k77 k106 k106 k

Corporate E-mail Users

450 k450 k650 k

Countries (E-commerce)

40 50

Downloads (Onmyoji)

200 m

Downloads (Youdao Dictionary)

596 m691 m730 m

E-mail Registered Users

840 m910 m980 m1.03 b1 b

Games

80 100 100 100 140

Monthly Active Users (Youdao Dictionary)

51.90 m

Monthly Active Users (Youdao)

100 m

Personnel Provided (Blizzard)

568 546 500

Programmers Network

4.60 k5.90 k7 k10 k

Regist Users (Minecraft)

30 m60 m

Registered Users (NetEase Cloud Music)

800 m

Smart Devices Distributed

459.18 k

VIP E-mail Active Users

433 k433 k470 k

NetEase Human Capital

Job Roles

FY, 2019
Male (Board)5.6 %
Male (Management), percent70.1 %
Female (Management), percent23.4 %
Other0.9 %

Gender

FY, 2019
Male, percent65 %
Female, percent35 %